Specialty Egg Market The global specialty egg market is poised for robust growth, projected to reach a valuation of USD 14,919 million by 2023 and accelerating at a remarkable CAGR of 12% from 2023 to 2033. Specialty eggs, including organic, free-range, and nutritionally enhanced varieties, are gaining traction among consumers seeking healthier and ethically sourced food options. …
Category Archives: F&B Analysis
Yeast Extract Market Projections: USD 2,584.0 Million Value Anticipated by 2034
The global yeast extract industry is projected to grow from USD 1,472.9 million in 2023 to USD 1,550.9 million in 2024. The market is projected to be valued at USD 2,584.0 million by 2034. The demand for yeast extract is expected to grow at a CAGR of 5.78% over the next ten years. This growth …
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Plant-Based Pet Food Industry: Cultivating Opportunities Amidst Growing Demand
The plant-based pet food market is experiencing an exponential surge, fueled by a confluence of factors such as rising awareness about veganism, pet humanization trends, and the quest for healthier dietary options. From a value of USD 26.01 billion in 2022, the market is projected to burgeon to USD 57.43 billion by 2032, boasting a promising CAGR …
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Clean Label Flour Market Thriving, Anticipates USD 5.9 Billion by 2033
Over the course of the forecast period, the clean label flour market is anticipated to grow at a CAGR of 7.0% on average. The market is projected to reach a value of USD 5.9 billion by 2033, from its projected share of USD 3.7 billion in 2023. The rising demand for organic raw food materials …
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Avocado Oil Market Insights: Envisioning a USD 975 Million Value by 2033
The avocado oil market was valued at USD 287.2 million in 2022, and it is expected to be worth USD 975 million by 2033, increasing at a CAGR of 5.9% through 2033. The health-conscious populace, particularly those who are struggling with weight issues, becomes the dominant avocado oil customer base since avocado oil’s nutrient composition boasts of a greater content of healthy …
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Non-Dairy Creamer Market: Charting a Course Towards USD 3,260.5 Million by 2034
It is anticipated that by 2034, the non-dairy creamer market will have grown from USD 3,260.5 million in 2024 to USD 6,587.3 million. The market is anticipated to grow at a 7.3% CAGR between 2024 and 2034. Non-dairy creams made from hydrogenated vegetable oils are mostly composed of creamy non-dairy fats. For creamy non-dairy applications, …
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Hybrid Rice Seeds Market Set to Skyrocket with Targeting US$ 10.8 Billion by 2033
The market for hybrid rice seeds is expected to grow from US$ 5.1 billion in 2023 to US$ 10.8 billion in 2033. Between 2017 and 2022, the global market was initially growing at a CAGR of 7%. Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance has …
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Ginseng Market Insights: Anticipating Growth to US$ 786.5 Million by 2024
It is projected that the size of the worldwide ginseng market would be US$ 786.5 million by 2024. Over the assessment period, it is anticipated to grow at a rate of 4.3% CAGR, with a market valuation of US$ 1,262.3 million by 2034. Because of its many health advantages, ginseng is becoming a very popular …
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Vegan Cheese Market on the Rise: Expected Worth of US$ 8,231 Million by 2034
In 2024, the market for vegan cheese is expected to be valued at US$ 3,467 million. Vegan cheese, sometimes referred to as plant-based cheese, dairy-free cheese, cruelty-free cheese, or cheese alternative, is extremely well-liked by the general public. Their popularity is growing as more consumers select foods that are cruelty-free, environmentally friendly, and have qualities …
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Steady Growth Forecast: Cat Food Market Set for 3% CAGR Growth, Reaching USD 60.9 Billion by 2033
Cat Food Market The cat food market is witnessing steady growth, with sales expected to reach $60.9 billion by 2033, representing a CAGR of 3% from 2023 to 2033. This growth is primarily driven by the increasing number of cat owners worldwide and the trend of humanizing pets, leading to higher demand for premium and organic …